WILLIAM DONALD SCHAEFER, Governor                            Ch. 669

(e) (1) In this subsection, "political committee" includes a political committee
registered under § 26-4 of this subtitle and an out of state political committee,

(2)     Except as provided in paragraph (3) of this subsection, during a 4-year
election cycle the treasurer of a political committee or the treasurer of a candidate may
not directly or indirectly transfer any money greater than $6,000 to the treasurer or
political committee of a candidate or any other political committee.

(3) The limitations on transfers and the provisions on affiliations set forth in
this subsection may not apply to:

(i) Transfers between and among political committees that are state
or local committees of the same political party;

(ii) Transfers between and among a slate and its candidate members;
[and]

(iii) Transfers between a campaign committee authorized by a
candidate and that candidate's treasurer; AND

(IV) TRANSFERS FROM A CANDIDATE OR FROM A POLITICAL
COMMITTEE AUTHORIZED BY A CANDIDATE AND THE CANDIDATE'S TREASURER
TO:

1. THE STATEWIDE GOVERNING BODY FOR A POLITICAL
PARTY; OR

2. THE GOVERNING BODY OF A LOCAL CENTRAL
COMMITTEE FOR A POLITICAL PARTY.

(4)     In applying the limitations of this subsection, all affiliated political
committees are treated as a single transferor. Political committees are "affiliated" if they
arc organized and operated in coordination and cooperation with each other or otherwise
conduct their operations and make their contribution decisions under the control of the
same individual or entity.

(5) The limitations on transfers to the treasurer or political committee of a
candidate set forth in paragraph (2) of this subsection shall apply to the individual
regardless of the number of offices for which that individual files a certificate of
candidacy within a 4-year election cycle.

(6) No transfer of any kind, in any amount, is permitted if it is intended to
conceal the true identity of the actual contributor or the identity of the intended
recipient.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1994.

Approved May 26, 1994.

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